The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Infinity Oil & Gas Inc. retained EnergyNet to sell its option to participate, on a well-by-well basis, in the Denver-Julesburg Basin through a sealed-bid offering.
The offer is for up to a 12.5% nonoperated working interest on more than 30,700 net acres in northeastern Weld County, Colo. Operators include Verdad Oil & Gas, Noble Energy and Whiting Petroleum.
Property Highlights:
- Option to Participate up to 12.5% WI in ~30,700 Remaining Net Acres
- 400+ Wells Drilled | 500+ Future Niobrara Wells to Participate (10 Wells/Section)
- Noble Estimates EUR >560,000 barrels of oil/well in Option Area
- Currently over 750 Drilling Permits in Sections with Option Acreage
- New Development in the Codell Sand:
- Three Wells Produced 100,000+ barrels of oil in under 14 Months
- Sustained Production Rates Indicate EURs over 250,000 barrels of oil
- Acreage Position can accommodate 200+ Additional Wells
- Sterling System - Option Area Lies within a Carry-Away Market System
- Operators:
- Verdad Oil & Gas Corp.
- Noble Energy
- Whiting Petroleum Corp.
Bids due by 4 p.m. CST June 27. For complete due diligence information visit energynet.com or contact Ryan Dobbs, Vice President of business development, at Ryan.Dobbs@energynet.com and Denna K. Arias, director of transactions and business development, at 281-949-8463 or Denna.Arias@energynet.com.
Recommended Reading
EY: How AI Can Transform Subsurface Operations
2024-10-10 - The inherent complexity of subsurface data and the need to make swift decisions demands a tailored approach.
Navigating the Crossroads: Oil, Gas Industry Reimagines its Role in Tech Age
2024-10-28 - The oil and gas industry has both a need and an opportunity to embrace the digital transformation while engaging the next generation of its workforce.
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
2024-10-04 - Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.
E&P Highlights: Aug. 19, 2024
2024-08-19 - Here’s a roundup of the latest E&P headlines including new seismic solutions being deployed and space exploration intersecting with oil and gas.
E&P Highlights: Aug. 26, 2024
2024-08-26 - Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.